Business & Tax Accounting | Personal Income Tax Lodgement | Self Managed Super Funds


May 2020 Newsletter

The JobKeeper subsidy will be paid for a maximum period of six months (i.e., from 30 March 2020 up until 27 September 2020). It will be paid to eligible businesses monthly in arrears, with the first payments to employers commencing from the first week of May 2020. The ATO has available on its website an […]

Claiming JobKeeper Subsidy

Finally the time has arrived where the ATO will start paying jobkeeper subsidy to businesses.  To enable this to occur, an enrolled business needs to complete the “claiming” step in the process of supplying the ATO with details of eligible employees for each jobkeeper fortnight and also to confirm that your business suffered the required […]

JobKeeper eligibility for 16 and 17 year olds

From 11 May 2020, there are revised rules regarding JobKeeper for 16 and 17 year olds. They will no longer be eligible for the JobKeeper payment unless they are “independent” or they are not undertaking “full-time study”. The definitions of “Independent”and “full-time study” are explained in the new Section C of the Employee Nomination Forms […]

Top up Payments

The ATO has just announced that it has extended the time in which employers need to pay employees for JobKeeper fortnights 1 and 2 until 8 May 2020. Please read this important PDF in relation to top up wage payments for the Jobkeeper Scheme. The Australian Taxation Office (‘ATO’) has announced a temporary simplified short […]

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